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Streaming device could be released later this year

Amazon reportedly developing TV set-top box for streaming video

The world’s largest online retailer is said to be working on a streaming device similar to the Apple TV.

Sources close to the matter revealed to Bloomberg that the Amazon set-top box will be available later this year.

Amazon recent launched 14 pilot TV shows which will all be available through the company’s Lovefilm streaming service in the UK and through Amazon Instant Video in the US.

It seems a natural next step for the retailer to develop hardware to compete with other streaming set-top boxes such as Apple TV, Roku and Boxee.

The sources day Amazon’s Lab126 division is developing the device. Lab126 have previously toyed with building connected television devices for several years.

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